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Heavy industry has long been the engine of global economic growth. From the steel framing our cities to the cement supporting our infrastructure and the chemicals enabling modern manufacturing, these materials are foundational to prosperity. They are also among the world’s most emissions-intensive to produce.
Historically labeled “too hard to abate,” steel, cement, and chemicals are now at the forefront of a new wave of innovation. Thanks to a convergence of breakthrough technologies, favorable policy tailwinds, and increasing investor appetite, a powerful shift is underway—one that unlocks both carbon reduction and new economic potential.
At the heart of this shift is source investing, an approach that channels capital into the core of industrial production systems. While previous climate strategies have focused only on downstream levers like energy use and consumer behavior, source investing targets industrial processes at the core of these systems.
This isn’t just good for the planet, it powers growing economies across the globe.
By investing in the evolution of core industrial processes, source investing opens the door to entirely new markets. Low-carbon cement, fossil-free steel, ammonia, and bio-based chemicals are no longer science fiction—they are fast becoming commercial realities. With them comes a wave of economic opportunity: from job creation in advanced manufacturing to new export markets and value chains in clean industrial materials.
Visionary funders recognize this inflection point. They see that industrial decarbonization isn’t just technically feasible, it’s economically strategic. It creates first-mover advantages, resilience in supply chains, and long-term value for investors and economies alike. The question is no longer if these sectors will decarbonize, but who will lead the transformation.
The Global Industry Hub is the platform for funders, implementers, and policymakers to convene and lead on this opportunity. By supporting early-stage technological innovation, incentivizing cleaner production methods, and fostering collaboration across sectors, the Hub is an essential nexus for essential action. As honest brokers, our team provides an informed perspective on the most promising industrial innovations and opportunities worldwide.
The transformation of heavy industry is not just a climate imperative, it’s an economic inevitability. The very sectors that powered the last industrial revolution are being reimagined to power the next without harmful emissions.
Now is the time to invest at the source, where new markets are made.